In Q1 FY2026 (ended March 31, 2026), Evolution Global Acquisition Corp reported net income of $1,951,845, but an operating loss of $169,071. The company had cash of $1,010,726 and negative equity of $8,667,947. Diluted EPS was -$0.01 as of September 30, 2025.
•Net income of $1,951,845 for Q1 FY2026.
•Operating loss of $169,071.
•Cash balance of $1,010,726 as of March 31, 2026.
•Negative equity of $8,667,947.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Evolution Global Acquisition does not have significant operations. It focuses on entering into a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2025 and is based in Farmers Branch, Texas.
What does Evolution Global Acquisition Corp (EVOX) do?
Evolution Global Acquisition Corp is a shell company that does not have significant operations of its own. Its primary business purpose is to pursue a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. In other words, it is a special purpose acquisition company (SPAC) formed to acquire or merge with an existing company, thereby taking that company public. As of its incorporation in 2025, the company had not yet identified a target for such a combination.
On which stock exchange is Evolution Global Acquisition Corp (EVOX) listed and what currency is used?
Evolution Global Acquisition Corp is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol EVOX. The shares are traded in U.S. dollars (USD), which is the official currency of the United States. Being listed on Nasdaq provides the company with visibility among institutional and retail investors, and it must comply with the exchange's listing standards and reporting requirements.
What sector and industry does Evolution Global Acquisition Corp (EVOX) belong to?
Evolution Global Acquisition Corp operates in the Financial Services sector and is classified under the Shell Companies industry. Shell companies are entities that have no active business operations or significant assets. They are often formed for the purpose of raising capital through an initial public offering (IPO) and then using those funds to acquire or merge with an existing private company, effectively taking that company public. This structure is commonly known as a SPAC (special purpose acquisition company).
Where is Evolution Global Acquisition Corp (EVOX) headquartered and what is its geographic focus?
Evolution Global Acquisition Corp is headquartered in Farmers Branch, Texas, which is a city in the Dallas-Fort Worth metroplex. The company is incorporated in the United States and its operations are based there. While the company does not have significant current operations, its focus is on identifying and completing a business combination with one or more target businesses. The geographic scope of potential targets is not specified in the available data, but as a U.S.-based SPAC, it may consider opportunities both domestically and internationally.
How does Evolution Global Acquisition Corp (EVOX) make money?
Evolution Global Acquisition Corp does not currently generate revenue from operations, as it is a shell company with no active business activities. Its business model is to raise capital through an initial public offering (IPO) and then use those funds to acquire or merge with a private company. Once a business combination is completed, the resulting entity will generate revenue from the acquired business's operations. Until such a transaction occurs, the company's income is limited to interest earned on the funds held in trust from the IPO. The company was incorporated in 2025, so it is in the early stages of its lifecycle.